Row 6626

Row ID: 6626 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 6626 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

To anyone that has done this:

* What legal structure did you use? * How did you bake in exit provisions? Example: I want out, my partner does not, what happens? * Anything aside from t he obvious to do/not do?

Note I am only considering this with a friend I've known forever and with whom I have already done some high value projects with, so we know how we "work" together, and we have discussed our broader goals and incentives. I am not worried about this being a wedge between us down the line. The idea is simply that the two of us can scrape together enough cash to avoid taking out a loan which would be nice, then rent it out for a few years until one of us wants to sell/move in.

Worth mentioning here the goal: it's not to max out a ROI or something, it's more that it's in an area where I will likely live/want a house in the next few years, and this allows us to build equity/guarantee a place while wait. He's in it for asset appreciation. So "chuck the cash into the S&P and forget it" doesn't really apply here. I'm just interesting in hearing from folks who've done this the best ways to go about it.

FieldValue
text To anyone that has done this: * What legal structure did you use? * How did you bake in exit provisions? Example: I want out, my partner does not, what happens? * Anything aside from t he obvious to do/not do? Note I am only considering this with a friend I've known forever and with whom I have already done some high value projects with, so we know how we "work" together, and we have discussed our broader goals and incentives. I am not worried about this being a wedge between us down the line.…
label r/investing
dataType post
communityName r/investing
datetime 2024-05-12
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Raw Record

{
  "text": "To anyone that has done this:\n\n* What legal structure did you use?\n* How did you bake in exit provisions? Example: I want out, my partner does not, what happens?\n* Anything aside from t he obvious to do/not do?\n\nNote I am only considering this with a friend I've known forever and with whom I have already done some high value projects with, so we know how we \"work\" together, and we have discussed our broader goals and incentives. I am not worried about this being a wedge between us down the line. The idea is simply that the two of us can scrape together enough cash to avoid taking out a loan which would be nice, then rent it out for a few years until one of us wants to sell/move in.\n\nWorth mentioning here the goal: it's not to max out a ROI or something, it's more that it's in an area where I will likely live/want a house in the next few years, and this allows us to build equity/guarantee a place while wait. He's in it for asset appreciation. So \"chuck the cash into the S&P and forget it\" doesn't really apply here. I'm just interesting in hearing from folks who've done this the best ways to go about it. ",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-12",
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  "url_encoded": "Z0FBQUFBQm5Lak9HZzFvR3FaQ1BmMzZTclJETXJ2OHdqYVFjUTZqNm0tYkZRYW4tMm9VV0V6NkVzdEh1NXM1V1ZBS1piNzJuLUJlVU42Mk9LQmU5UFdHQVlNcTMwMjk0NlNFNlhhWjJ1U3dfTl9xemdUSFRWdENnZjBFcThWaW9OeWc1b0dXY2JQZHN2RGhQU3AzTkpHZDBJQ0ozYVF4TzFsMktjRURCMy1SU0ZkcXl6R251cFRaVG5QSTBKNDJJa1JGR3M2NUI3eXhF"
}
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